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Basic Question 0 of 4
A low-quality financial report means:
B. non-sustainable earnings.
C. information that does not faithfully represent company activities.
A. non-sustainable cash flows.
B. non-sustainable earnings.
C. information that does not faithfully represent company activities.
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I was very pleased with your notes and question bank. I especially like the mock exams because it helped to pull everything together.

Martin Rockenfeldt
Learning Outcome Statements
demonstrate the use of a conceptual framework for assessing the quality of a company's financial reports;
explain potential problems that affect the quality of financial reports;
CFA® 2025 Level II Curriculum, Volume 2, Module 14.